Business

Gold prices held steady on Monday near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted bullion’s appeal.

Spot gold edged 0.2% lower to $2,501.19 per ounce. Prices had surged to an all-t…

European stocks closed higher on Tuesday, supported by gains in retail and basic resources stocks as investors braced for a busy week of economic data.

The pan-European Stoxx 600 index closed up 0.6 percent, touching its highest level in more than th…

Several financial institutions have raised their expectations for Malaysia’s economic growth this year to more than 5 percent after it recovered in the first half of the year, with some institutions’ expectations exceeding government expectations.

Th…

Washington – Ma’an – Oil prices fell in trading on Monday, amid market fears of a decline in demand for black gold from China.

By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures fell 0.67% to $76.14 per barrel, while Brent crude fut…

Several financial institutions have raised their expectations for Malaysia’s economic growth this year to more than 5 percent after it recovered in the first half of the year, with some institutions’ expectations exceeding government expectations.

Th…

DUBAI: Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai is set to host the 10th edition of the annual World Free Zones Organisation (World FZO) World Cong…

Algerian Prime Minister Nadir Larbaoui held a phone conversation with the Lebanese Caretaker Prime Minister Najib Mikati on Sunday.

During the call, Larbaoui informed Mikati of Algeria’s decision to immediately provide Lebanon with fuel to operate th…

DUBAI: Dubai Chambers has signed a Memorandum of Understanding (MoU) with China Construction Bank (CCB) – DIFC Branch to promote investment cooperation and strengthen joint efforts to support Chinese companies wishing to expand in the Dubai market.

T…